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Christmas Is Not An Economically Efficient Holiday, And That's Okay
In 1881, George Blankenshop, a Canadian bureaucrat surveying the Indian population around modern-day Vancouver, sent a scathing note to the Canadian government regarding a ceremony called "potlatch."...
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Shoppers At The Mall Were Seen Carrying Shopping Bags From These 10 Retailers...
Wedbush is out with its latest analysis of on-the-ground mall visits from around the country.Analysts visited malls in Chicago, IL; Dallas, TX; Philadelphia, PA; San Jose, CA; and Orange County, CA to...
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Amateur Investors Are 3.2 Percent Worse Than Chimpanzees At Picking Stocks
A lot has been written on the madness of amateur investors thinking they can pick stocks better than the professionals.And we've all seen the chart of investor psychology, which shows why people buy at...
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CHART OF THE DAY: The Defining Central Bank Trade Of 2013
Miller Tabak's Chief Economic Strategist Andrew Wilkinson thinks he has identified what will be the "central bank trade of the year" in 2013.One might expect the trade to involve buying Spanish or...
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FINANCIAL ADVISOR INSIGHTS: Advisors Need To Tackle The Risks Of Holiday...
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Advisors Must Warn Clients Of The Risks Of Overspending During The Holidays (The...
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Here's Every County In The Country That's Getting Fracked [Map]
The EPA released a new study on Friday called, "Study of the Potential Impacts of Hydraulic Fracturing on Drinking Water Resources: Progress Report" (via Russell Gold and Matt Smith).The title is...
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This Chilling Economic Report Is Getting Passed Around By CEOs
Over an early-morning coffee with the chief executive of an FTSE 100 business last week, talk turned to the outlook for 2013. Where I had expected some guarded optimism, instead I heard a chilling...
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China And Japan Are Open, And Their Stock Markets Are Surging
Almost all of the global financial markets are closed for Christmas. But Japan and China are open and traders seem full of holiday cheer.Japan's Nikkei is up 1.3 percent.China's Shanghai Composite is...
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A Big Rally In China Has Wiped Out This Year's Loss
China's Shanghai Composite, in one of the few markets open today, has rallied around 2.5 percent, wiping out losses for the year.The composite is up around 0.7 percent year to date.The rally seems to...
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Japan's Incoming PM Reminds The World He's Serious, Scares The Yen To...
TOKYO (Reuters) - Incoming Japanese Prime Minister Shinzo Abe kept up his calls on Tuesday for the Bank of Japan to drastically ease monetary policy by setting an inflation target of 2 percent, and...
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We've Got Bigger Problems Than The Fiscal Cliff, But Let's Look On The Bright...
NOTE: This post was originally published on December 24.It is Christmas Eve and not the time for long letters – just a brief note on why the fiscal cliff is not the End of All Things, and to point out...
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Big Changes Are Coming For The US Healthcare System
We've already pulled some highlights from our extended conversation with Cleveland Clinic CEO Dr. Delos "Toby" Cosgrove on consolidation, cutting costs, and how health care will be disrupted.There was...
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Oil Rig Dressed Up As Rudolph The Red-Nosed Reindeer Wishes You Merry Christmas
The New York Times' Jack Healy pointed us to the Facebook page "Bakken Fail Of The Day."Bakken is the name of the shale oil field in North Dakota that's helping drive the American economic...
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Stabilization Won't Save Us From Economic Turmoil
THE fiscal cliff is not really a “cliff”; the entire country won’t fall into the ocean if we hit it. Some automatic tax cuts will expire; the government will be forced to cut some expenditures. The...
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The Fed Has Removed $425 Billion Worth Of Interest Income From The Economy
Every time the Fed announces another round of QE we hear the "know-nothings" in the media, on Wall Street and in the mainstream economics community tell us that we're getting more stimulus. And when...
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Amateur Investors Have A Few Key Advantages Over Professionals
For investors just getting into the game, the process can seem a little bit like a middle school dance. Awkward and inexperienced, they suction-cup themselves to the walls and poke around the punch...
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Every Major Yen-Moving Event In 2012
Morgan Stanley's FX team led by Ian Stannard published a book of 2012 currency timelines including the one below of the U.S. dollar against the Japanese yen.Looking to 2013, Morgan Stanley forecasts...
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Here's The Trend That's Driving Stock Market Bears Crazy
When it comes to the stock market, the only thing more important than earnings is earnings expectations.According to data compiled by FactSet, Q3 earnings have come in lower than expected six months...
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Jack Bogle Reveals The Most Important Chart Of 2012
Earlier this month, we asked Wall Street's luminaries for the most important charts of the year.Jack Bogle's chart was elegant in its simplicity. It was the price-earnings ratio.“When P/E ratios are...
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12 Company Names That Have Hilarious Double-Meanings
Over the years, we've made a mental list of funny corporate names that we've seen on press releases or in articles or in wire headlines.We finally just decided to list them all.Some of these companies...
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